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  Sales Listing: 8 North Water Street

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19 Rooms - Bedrooms 13 - Baths 11 - Town - $ 3,250,000

Prime Core District property and location with exceptional income opportunities, flexibility and significant additional ground cover for expansion. This beautifully maintained, elegant, Greek Revival property includes 10 condominiums (studios to 2 bedrooms) with individual, exterior private entrances and separate electric meters. A one-of-a-kind building in a superb location (2 blocks from the Harbor and Main Street) the structure boasts wrap-a-round second floor decks and a covered porch. The property has multi-car off-street parking, approximately 2500 sq. ft of additional groundcover available and a manicured hidden garden. All condominium documents are in place.  Seasonally operated by one owner as luxury pied-a-terre rental accommodations for guests as well as for personal use, the Nantucket Whaler has been featured prominently, for over a decade, in a variety of travel magazines and guidebooks (Departures Magazine for elite Am Ex customers and Andrew Harper’s Hideaway Report) and cutting edge websites such as Indagare.com. Previous owners have operated the ten condominiums as a year-round rental business for decades.  This is a must-see property with excellent income producing options, substantial growth potential, and flexibility of use (CDT zoning) combined with exclusively fabulous living space.


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LINK data was last updated 2011-08-07 12:00:06. Some properties may no longer be for sale if they have gone under contract, have sold, or are no longer being offered for sale since the last update.

KILLEN REAL ESTATE, INC.
10 Easy Street
P.O. Box 1166
Nantucket, MA 02554
Telephone (508) 228-0976 Fax (508) 228-5961
General e-mail correspondance: office@killenrealestate.com

© 2010 Killen Real Estate